Monthly Archives: May 2017

On June 9th in Radisson Blu Iveria Hotel PASHA Bank hosts its third business conference under the auspices of MEETING ROOM with the topic being “Healthcare Sector Development in Georgia.” MEETING ROOM will bring together a diverse group of players from public and private sectors to discuss major issues concerning …

According to the Deputy Minister of Energy, Mariam Valishvili Government, with the support of EBRD has worked on assessing fiscal risks and found out that existing prices on electricity market does not create base of building new generation facilities. Valishvili told Business Course. Recommendation of Monetary Fund for Georgia is …

Quartz-Natural Cosmetics is a joint startup of natural cosmetics which belongs to mother and daughter Tamar Kvartskhava and Keto Baratashvili. Tamar who is a pharmacy technician is completely in charge of cream making process. As for marketing and selling the production, her daughter Keto decides how to deliver the product to …

Holiday Inn Hotel to open in Telavi, Kakheti, about fifteen million GEL will be invested in the construction. Opening of the hotel is due in the summer of 2018. In the frames of the project 90 percent of employees will be locals, who will get intensive training masterclasses. 85-bed hotel …

Tbilisi, Georgia, May 24-25, 2017: The SME Banking Club is hosting the Caucasus SME Banking Club Conference 2017 in Tbilisi this week, to promote innovative non-financial services provided by banks—including providing businesses with practical guidance on how to grow sustainably and expand access to finance. IFC, a member of the …

“France and a major part of European countries have not introduced the same measures that are planned in Georgia. In those countries the space of brand indications is limited, but key elements of brands remain on the box surface, Zurab Kachkachishvili, director general for International Chamber of Commerce, told Analytics …

Pazzy is a family startup of two couples- Keto Todria and Ako Gogiashvili, Ninutsa Mizandaria and Tornike Todria. They decided to launch this startup because of lack of quality food at the festivals or in the streets where young people usually gather. The target group for Pazzy is people who …

Georgia’s insurance industry ended the first quarter of 2015 with 5.7 million GEL profits, while profits of insurance companies in the same period of 2016 made up 4.37 million GEL. In the reporting period the Georgian insurance market was represented by 15 insurance companies, which drew 143.8 million GEL insurance …

According to the bill on National Bank of Georgia (NBG), the list of documents to be submitted to NBG for obtaining a banking license is broadened: More detailed information must be submitted about the bank owner; The bank must submit business model and risks management documents approved by a supervisory …

Microfinance organizations are banned to lend approximately 100 000 GEL note of hand to legal entities. This restriction does not concern to the organizations that lend less than 20 notes of hand. At this stage Parliament debates corresponding draft law, which was initiated by the Georgian Government. Approving the bill …

If you have a business and don’t know what the advantage of your rival is compared to you, if you want to find out more about your shares and position at the market, you won’t have to work so hard anymore. TBC created a business map for you.The project which …

Director of NTA, Giorgi Chogovadze has introduced a report on activity for 2016 and future plans by the LEPL “National Tourism Administration”. The report provided the detailed tourism administration organizational structure, staff and budget, as well as activities directed to development of tourism infrastructure, improvement of service quality and marketing activities …